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4 April 2018 | 10 replies
My mortgage will be roughly $1500/mo and at the current well below market rents I will not cover the mortgage, so they must be raised I am confident I could ask $1k/mo per unit or add an additional $70/week to the current rents, But i also want to try to find a way to remove the storage and garage bays from the tenants so I can rent them out and make additional income.
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16 March 2018 | 9 replies
I feel confident I could get a home loan for 80% of the value and put this towards my future rental deals.Honestly though, I’m unsure if I should do an all cash deal and invest my equity - too include the rehab/vacancy/insurance cost etc. or if I should apply for a home loan directly on this new property and just pay the 20% upfront.
15 March 2018 | 10 replies
It serves me no purpose as an investor, OTHER than having access to the confidential remarks on the local MLS.
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23 March 2018 | 8 replies
Our agent contacted the property manager directly to ask for these items and they very rudely said it's all confidential.
19 April 2018 | 13 replies
However; I do know that sellers sometimes give their agents/brokers confidential information that is shared with other agents.
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20 April 2018 | 13 replies
If you don't foresee any major stumbling blocks (or, if you do, and would like to discuss confidentially - we can certainly do that), I'd be happy to set up a showing for you.
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16 May 2018 | 7 replies
I'm confident I could get the rehab done but the financing and money parts are where I would hit roadblocks immediately.
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10 May 2018 | 7 replies
I would start negotiations with those that seem the most likely to leave at a lower rate in case the tenants begin to talk.Some questions that would help everyone out would be.Current RentTarget Rent# of unitsPurchase PriceCap Rate being purchased atCap Rate you could sell atOf course you may chose to keep that all confidential which is definitely reasonable, but if it is possible to share that info, it might be able to help people kind of get a better picture of things in terms of a dollar amount.Good luck!
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29 April 2018 | 43 replies
There is some element of confidentiality where he/she can't share all the details of those offers, right?
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29 May 2018 | 7 replies
I haven't read too much about the concepts and strategies for owner financing land so was wondering what questions I should be asking to determine if I should jump on the deal or not.I have 10k saved up so I'm confident I can make the payments for a good while, enough to see if my exit strategy will work?